The ratio of the quick assets to current liabilities, which indicates the instant debt-paying ability of a

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The ratio of the quick assets to current liabilities, which indicates the “instant” debt-paying ability of a firm, is:

A. current ratio C. quick ratio B. working capital ratio D. bankers’ ratio AppendixLO1

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Financial Accounting

ISBN: 9780324188035

9th Edition

Authors: Dr Carl S. Warren, Dr James M. Reeve, Philip E. Fess

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